article thumbnail

US updates EV tax credit rules, enabling more electric cars to be eligible

Electrek

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible.

article thumbnail

IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

article thumbnail

How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

article thumbnail

2024 Nissan LEAF Regains Eligibility for up to $3,750 EV Tax Credit

CleanTechnica EVs

federal EV tax credit provided that the customer meets all purchase and income qualifications for the EV tax credit as outlined in Internal Revenue Code Section 30DOpens. continued] The post 2024 Nissan LEAF Regains Eligibility for up to $3,750 EV Tax Credit appeared first on CleanTechnica.

article thumbnail

IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. For those wanting to mail in comments, comments should be addressed to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. Credit: IRS.

article thumbnail

EVs Eligible for the Clean Vehicle Tax Credit

Electric Driver

federal government is offering a clean vehicle tax credit to help promote the purchase of electric vehicles as an effort to reduce carbon emissions. The clean vehicle tax credit of up $7,500 depends on several factors. Here are some details on what is needed to qualify for the tax credit.

article thumbnail

IRS: 2023 EV tax credit needs reporting from automakers, sellers

Green Car Reports

The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports.